FacultyFaculty/Author Profile
Keith Darcy

Keith Darcy

Deloitte & Touche LLP
Senior Advisor
New York, NY, USA


Keith T. Darcy is President of Darcy Partners Inc., a boutique consulting firm that works with boards and top executives on a wide variety of complex governance, ethics, compliance, regulatory and reputation risk challenges. Until year-end 2013 Darcy served nine years as Executive Director of the Ethics & Compliance Officer Association (ECOA). ECOA is the largest association exclusively for ethics and compliance executives with over 1,500 members across six continents.  Darcy also served as Chairman of the ECOA Foundation.

Darcy has combined a 40-year career in the financial services industry with his profession as an educator and his long-term involvement in business ethics, corporate governance and organizational leadership. Darcy is a trustee of St. Thomas Aquinas College (STAC) in Sparkill, NY, and serves as Chairman of the board of the Global Center for Ethics and Social Responsibility at STAC. Darcy is also on the board of the Notre Dame Deloitte Center for Ethical Leadership, South Bend,, IN and serves as a director of the Center for Public Trust in Nashville, TN. At year-end 2013 Darcy stepped down after 12 years as Chairman of the Board of the Better Business Bureau Foundation, which supports the Better Business Bureau of New York. Previously Darcy served on the board of directors of E*Trade Bank and its affiliates where he chaired the Nominating and Governance Committee, and served on the Audit Committee. He also served on the board of directors of New York National Bank, where he served on the Compliance Committee.

Prior to its merger in 2002, Darcy served as Executive Vice President and a member of the Office of the President of IBJ Whitehall Bank & Trust Company (IBJW), NYC.  In the early-1990’s Darcy helped Prudential Securities Inc. establish the first Ethics Office among Wall Street firms in conformance with standards promulgated by the U.S. Sentencing Commission.  For fifteen years he was a senior executive at Marine Midland Bank, N.A. (acquired by HSBC) where he headed both consumer banking and corporate finance groups, and was a key advisor to the President of Marine Midland Bank, NY.  Darcy also served as chief executive officer of IGM, an insurance company jointly owned by General Reinsurance Corporation and Frank B. Hall & Company (now AON), and served as CEO of a related derivatives trading company.

Since 1994 Darcy has been teaching Ethics and Leadership in the Executive Programs at The Wharton School, University of Pennsylvania. In March 2011 was named the first Provident Bank Charitable Foundation Chair of Corporate Responsibility at St. Thomas Aquinas College in Sparkill, NY. From 2008-2012 he served on the Global Anti-Corruption Council of the World Economic Forum headquartered in Davos, Switzerland, and since 2006 serves on the Steering Committee of The Chair of Excellency in Law and Business Ethics at the Universite’ Cergy School of Law in Cergy du Pontois, France. He previously served as Associate Dean and Distinguished Professor of Business at Georgetown University’s McDonough School of Business. He is Executive Fellow (Emeritus) of the Center for Business Ethics at Bentley University in Waltham, MA.

In 2005, Darcy was appointed to the blue ribbon Committee on Food Marketing and the Diets of Children and Youth sponsored by the Institute of Medicine of the National Academies of Science. The findings were presented to congress and have resulted in a wide range of private and public sector initiatives to address the crisis of childhood obesity.

Darcy holds a B.S. degree from Fordham University's College of Business, an M.B.A from the Hagan Graduate School of Business at Iona College, and has done additional post-graduate study at New York Theological Seminary. He has been awarded honorary doctorates from Manhattanville College and St. Thomas Aquinas College.

Mr. Darcy has contributed his expertise to numerous books, and is widely published, quoted and referenced in newspapers and magazines.  Over the years he has been a keynote speaker and panelist in hundreds of venues worldwide. In December 2012 he spoke at the United Nations on the occasion of International Anti-Corruption Day, and in November 2013 he contributed to drafting the Seoul Declaration issued by the UN Global Compact. In December 2014 he emceed the gala event celebrating the tenth anniversary of the tenth principle of the UN Global Compact on anti-corruption.

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